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Montgomery County Home Prices 1982-2007

This document contains a table showing median home sale prices in Montgomery County, Maryland from 1982 to 2007 for single-family homes broken down by detached homes, attached/townhouses, new construction and existing homes. It also includes the median household income for each year and the annual inflation rate. The median home sale price generally increased each year with detached new construction homes having the highest prices and attached/townhouse existing homes having the lowest prices. Median household income also rose each year while inflation rates fluctuated between 1.3% to 5.9% annually.

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71 views4 pages

Montgomery County Home Prices 1982-2007

This document contains a table showing median home sale prices in Montgomery County, Maryland from 1982 to 2007 for single-family homes broken down by detached homes, attached/townhouses, new construction and existing homes. It also includes the median household income for each year and the annual inflation rate. The median home sale price generally increased each year with detached new construction homes having the highest prices and attached/townhouse existing homes having the lowest prices. Median household income also rose each year while inflation rates fluctuated between 1.3% to 5.9% annually.

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Planning Docs
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLS, PDF, TXT or read online on Scribd

000000a research product of the 03+000

M-NCPPC 01+000│03+000 R e s e a r c h +Technology Ce


nter
01+024for more information, please visit [Link]

MEDIAN HOME SALES PRICE (1982 to 2007)


Single-Family Homes
Montgomery County, Maryland

ALL HOMES DETACHED HOMES ATTACHED/TOWNHOUSES


YEAR new+existing new existing new existing MEDIAN HOUSEHOLD INCOME
1982 $95,000 $124,000 $110,000 $78,500 $84,000 $37,484
1983 $95,500 $123,000 $110,000 $82,500 $74,500 $39,154
1984 $98,000 $142,500 $113,000 $80,500 $73,000 $41,844
1985 $106,000 $147,500 $117,000 $90,500 $75,000 $44,148
1986 $115,000 $166,445 $127,370 $93,200 $83,850 $46,745
1987 $124,000 $180,840 $140,000 $105,350 $86,000 $48,917
1988 $145,000 $230,900 $173,000 $118,990 $102,000 $51,693
1989 $166,500 $287,000 $200,000 $145,450 $118,000 $54,089
1990 $170,000 $318,090 $207,000 $158,325 $126,000 $56,720
1991 $172,900 $309,035 $208,000 $146,000 $128,000 $58,501
1992 $182,500 $309,863 $217,000 $185,735 $128,500 $60,441
1993 $187,000 $319,840 $217,000 $180,890 $130,000 $59,085
1994 $190,000 $319,500 $220,000 $180,300 $131,000 $60,886
1995 $189,500 $343,783 $220,700 $199,605 $130,000 $62,738
1996 $187,000 $312,500 $225,500 $169,900 $132,000 $66,085
1997 $197,000 $343,295 $230,000 $174,000 $134,900 $66,299
1998 $205,000 $361,742 $235,000 $218,622 $137,000 $69,862
1999 $205,000 $364,195 $243,000 $212,217 $139,000 $71,551
2000 $217,500 $390,670 $262,950 $262,384 $142,725 $74,930
2001 $236,077 $436,458 $289,000 $265,380 $155,500 $76,713
2002 $282,918 $481,286 $340,000 $277,978 $185,000 $78,647
2003 $320,645 $590,760 $383,000 $367,200 $229,000 $80,962
2004 $395,000 $666,540 $450,000 $427,501 $283,500 $83,880
2005 $464,000 $764,678 $530,000 $499,298 $340,000 $87,765
2006 $485,000 $881,600 $552,500 $518,510 $356,750 $91,663
2007 $495,000 $896,917 $560,000 $464,482 $360,000 $95,494

* Change in annual average Consumer Price Index (CPI) over prior year.

Source: M-NCPPC Research & Technology Center, STAR System report; U.S. Bureau of Labor Statistics, Consumer Price Index.
Last updated: July 23, 2008

01+034Montgomery County
MARYLAND
Planning Department
000000a research product of the 03+000
M-NCPPC 01+000│03+000 R e s e a r c h +Technology Ce
nter
01+024for more information, please visit [Link]

01+034Montgomery County
MARYLAND
Planning Department
000000a research product of the 03+000
M-NCPPC 01+000│03+000 R e s e a r c h +Technology Ce
nter
01+024for more information, please visit [Link]

INFLATION RATE*

4.5%
4.9%
4.2%
2.8%
3.6%
4.1%
5.8%
5.9%
4.1%
2.5%
3.2%
1.9%
2.0%
2.8%
1.8%
1.3%
2.1%
3.3%
2.6%
2.3%
2.8%
2.8%
4.0%
3.7%
3.5%

01+034Montgomery County
MARYLAND
Planning Department
000000a research product of the 03+000
M-NCPPC 01+000│03+000 R e s e a r c h +Technology Ce
nter
01+024for more information, please visit [Link]

01+034Montgomery County
MARYLAND
Planning Department

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